THE JOINERY FITTING COMPANY LIMITED

Company Registration Number:
06522333 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2023

Period of accounts

Start date: 01 April 2022

End date: 31 March 2023

THE JOINERY FITTING COMPANY LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2023

Balance sheet
Notes

THE JOINERY FITTING COMPANY LIMITED

Balance sheet

As at 31 March 2023


Notes

2023

2022


£

£
Fixed assets
Tangible assets: 3 135,484 119,364
Total fixed assets: 135,484 119,364
Current assets
Debtors:   230,847 301,477
Cash at bank and in hand: 13,954 42,006
Total current assets: 244,801 343,483
Creditors: amounts falling due within one year:   (264,290) (259,437)
Net current assets (liabilities): (19,489) 84,046
Total assets less current liabilities: 115,995 203,410
Creditors: amounts falling due after more than one year:   (9,990) (13,320)
Provision for liabilities: (14,466) (12,429)
Total net assets (liabilities): 91,539 177,661
Capital and reserves
Called up share capital: 200 200
Profit and loss account: 91,339 177,461
Shareholders funds: 91,539 177,661

The notes form part of these financial statements

THE JOINERY FITTING COMPANY LIMITED

Balance sheet statements

For the year ending 31 March 2023 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 19 March 2024
and signed on behalf of the board by:

Name: T E Johnston
Status: Director

The notes form part of these financial statements

THE JOINERY FITTING COMPANY LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Revenue is generally recognised as contract activity progresses so that for incomplete contracts it reflects the partial performance of the contractual obligations. Revenue not billed to clients is included in debtors

Tangible fixed assets and depreciation policy

Tangible assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life as follows: Fixtures fittings & equipment 25% reducing balance

Other accounting policies

DebtorsShort term debtors are measured at the transaction price, less any impairment.CreditorsShort term creditors are measured at the transaction price.DividendsEquity dividends are recognised when they become legally payable.PensionThe Company operates a defined contribution plan for its employees. The Company pays fixedcontributions into a separate entity, and once paid the Company has no further paymentobligations.Deferred taxationDeferred taxation is provided in full in respect of taxation deferred by timing differences betweenthe treatment of certain items for taxation and accounting purposes. The deferred tax assetsand liabilities are not discounted.

THE JOINERY FITTING COMPANY LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

2. Employees

2023 2022
Average number of employees during the period 12 11

THE JOINERY FITTING COMPANY LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

3. Tangible Assets

Total
Cost £
At 01 April 2022 264,320
Additions 51,139
Disposals (17,140)
At 31 March 2023 298,319
Depreciation
At 01 April 2022 144,956
Charge for year 25,378
On disposals (7,499)
At 31 March 2023 162,835
Net book value
At 31 March 2023 135,484
At 31 March 2022 119,364